The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system started.
Category: European Union
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Trump’s Tariffs Could Worsen Europe’s Economic Slowdown
The trade threats could reduce exports to the United States and dampen investment in Europe, dealing a blow to growth at a time when the continent is already facing a lackluster economy.
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Whiskey Offers Window Into the Pain of a Trade War
Liquor is leverage as the world careens toward another trade dispute. European tariffs on American whiskey snap back after March 31 unless an extension is granted.
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Whiskey Offers Window Into the Pain of a Trade War
Liquor is leverage as the world careens toward another trade dispute. European tariffs on American whiskey snap back after March 31 unless an extension is granted.
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Europe Vows to Respond to Trump’s Tariffs, but Holds Back on Details
European leaders have said that they will respond firmly to higher levies on steel and aluminum, but they have yet to say what that retaliation will look like.
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Trump’s Tariffs on Steel and Aluminum Re-Up Contentious First-Term Policies
The 25 percent tariff the president is proposing is almost identical to a move in his first term. Economists and foreign governments know what will come next.
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Europe’s Trump Playbook: Offer Carrots but Warn That You Have a Big Stick
The European Union’s so-called Trump task force spent 2024 preparing for a possible trade dispute. Specifics are secret, but guiding principles are becoming clear.
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Trump Prepares to Take On the US Trade Deficit, a Familiar Nemesis
The trade deficit has long drawn the president’s ire. Now, he’s preparing to take it on again.
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Trump Wants to Know Why U.S. Cars Are Rare in Germany. Here Are a Few Reasons.
German cars are popular in the United States, but U.S. cars are not as prevalent on German roads. One reason: tiny European streets and parking spots.
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Where Trump’s Trade Fight Could Go Next
New tariffs on Chinese imports are on, even as Canada and Mexico won a reprieve. Could the European Union be next? And how is the president defining victory?
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One Response to Trump’s Tariffs: Trade That Excludes the U.S.
A growing number of countries, including American allies, are striking trade deals as the Trump administration erects a higher fence around its global commerce.
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Trump Tariffs Threaten to Upend Global Economic Order
The invoking of national security to unravel trade agreements could scramble the international trading system in China’s favor.